Capinfo Co., Ltd. Class H ( (HK:1075) ) just unveiled an announcement.
Capinfo Co., Ltd. announced the bankruptcy of its non-principal subsidiary, Rito Info Technology Co., Ltd., due to its inability to settle debts. Despite Rito Info’s financial losses and operational challenges, its bankruptcy is not expected to have a significant adverse impact on Capinfo’s overall financial health, as Rito Info’s contributions were minimal. Additionally, a change in supervisor information was noted, with Ms. Kuang Mingzhi resigning from her role at Rito Info, though her ability to continue as a supervisor at Capinfo remains unaffected.
More about Capinfo Co., Ltd. Class H
Capinfo Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, primarily engaged in providing information technology services. The company operates through its subsidiaries and focuses on leveraging technology to deliver solutions in various sectors.
YTD Price Performance: 22.73%
Average Trading Volume: 4
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €78.76M
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